Printing Business Startup Cost Comparison

Joliet, IL vs New York, NY

Joliet, IL

$44,000 - $218,000

COL Index: 93.5

VS

New York, NY

$72,000 - $353,000

COL Index: 187.2

Detailed Cost Comparison

Expense Joliet, IL New York, NY Difference
Business Registration & Licenses
$800 - $3,900 $5,300 - $17,100 -79%
Shop Lease (First + Last + Security)
$4,100 - $22,300 $17,400 - $93,900 -76%
Printing Equipment
$20,000 - $100,000 $20,000 - $100,000 Same
Shop Build-Out
$4,600 - $23,000 $7,300 - $36,300 -37%
Paper Stock & Supplies
$3,000 - $15,000 $3,000 - $15,000 Same
Business Insurance (Annual)
$1,500 - $6,000 $1,500 - $6,000 Same
Marketing & Client Acquisition
$2,000 - $10,000 $2,000 - $10,000 Same
Working Capital (3 Months)
$7,500 - $37,400 $15,000 - $74,900 -50%
Total Estimated Cost $44,000 - $218,000 $72,000 - $353,000 -38%

Local Market Factors

Factor Joliet New York
Cost of Living Index 93.5 187.2
Commercial Rent ($/sqft/yr) $12 - $26 $40 - $120
Labor Rate Index 0.92 1.45
Sales Tax 8% 8.875%
Minimum Wage $14.00/hr $16.00/hr
LLC Filing Fee $150 $200

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